Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
£ 2050
per

Your estimated
City
free-cash

Andorra , Andorra
£1587
£1288
£1233
£1558
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
social contributions
-
-
-
451
income
-
-
-
108
total
-
-
-
559
Employee
276
-
1 775
-
social contributions
18
-
115
-
income
-
-
114
-
total
18
-
229
-
Employer
276
-
1 775
-
social contributions
43
-
275
-
total
43
-
275
-
Corporate
1 732
2 050
-
-
income
173
205
-
-
total
173
205
-
-
Dividends
1 558
1 845
-
-
total
-
-
-
-
Income
2 050
2 050
2 050
2 050
Total tax
234
205
504
559
After tax
1 816
1 845
1 546
1 491
Living cost
258
258
258
258
Free-cash
1 558
1 587
1 288
1 233

Estimated living cost  is £258 per week

£167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£67
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Graz , Austria
£859
£261
£776
£853
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
chamber of commerce
-
-
-
8
unemployment
-
-
-
53
health
-
-
-
77
pensions
-
-
-
185
income
-
-
-
677
surtax
-
-
-
-
total
-
-
-
1 000
Employee
375
342
1 710
-
health
15
13
39
-
pensions
38
35
103
-
other
4
3
10
-
unemployment
11
10
30
-
income
33
25
574
-
total
101
86
756
-
Employer
375
342
1 710
-
pensions
47
43
126
-
accident
5
4
13
-
unemployment
11
10
30
-
surtax
-
-
-
-
payroll
11
10
51
-
chamber of commerce
1
1
7
-
health
14
13
38
-
other
18
16
75
-
total
107
97
340
-
Corporate
1 567
1 610
1 677
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

392
402
419
-
total
392
402
419
-
Dividends
1 175
1 207
-
-
withholding
323
332
-
-
total
323
332
-
-
Income
2 050
2 050
2 050
2 050
Total tax
923
917
1 515
1 000
After tax
1 127
1 133
535
1 050
Living cost
274
274
274
274
Free-cash
853
859
261
776

Estimated living cost  is £274 per week

£164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£28
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£77
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Vienna , Austria
£829
£232
£746
£812
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
chamber of commerce
-
-
-
8
unemployment
-
-
-
53
health
-
-
-
77
pensions
-
-
-
185
income
-
-
-
677
surtax
-
-
-
2
total
-
-
-
1 002
Employee
429
342
1 708
-
health
17
13
39
-
pensions
44
35
103
-
other
4
3
10
-
unemployment
13
10
30
-
income
49
25
573
-
total
127
86
755
-
Employer
429
342
1 708
-
pensions
54
43
126
-
accident
6
4
13
-
unemployment
13
10
30
-
surtax
2
2
2
-
payroll
13
10
51
-
chamber of commerce
2
1
7
-
health
16
13
38
-
other
20
16
75
-
total
126
99
342
-
Corporate
1 496
1 608
1 676
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

374
402
419
-
total
374
402
419
-
Dividends
1 122
1 206
-
-
withholding
309
332
-
-
total
309
332
-
-
Income
2 050
2 050
2 050
2 050
Total tax
936
919
1 516
1 002
After tax
1 114
1 131
534
1 048
Living cost
302
302
302
302
Free-cash
812
829
232
746

Estimated living cost  is £302 per week

£202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£26
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£70
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Brussels , Belgium
£805
£377
£579
£703
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
social contributions
-
-
-
214
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

-
-
-
110
national
-
-
-
834
total
-
-
-
1 158
Employee

The minimum management director salary is set at €45,000 per year.

614
-
1 588
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

29
-
75
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

46
-
119
-
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

32
-
83
-
national
189
-
606
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

5
-
14
-
total
301
-
897
-
Employer

The minimum management director salary is set at €45,000 per year.

614
-
1 588
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

8
-
21
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

9
-
23
-
surtax
70
-
180
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

38
-
98
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

54
-
141
-
total
179
-
463
-
Corporate
1 258
2 050
-
-
surtax
5
9
-
-
income
252
448
-
-
total
257
457
-
-
Dividends
1 001
1 593
-
-
withholding

As an investor, you can take advantage of €640 tax free allowance per year.

297
475
-
-
total
297
475
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 034
932
1 360
1 158
After tax
1 016
1 118
690
892
Living cost
313
313
313
313
Free-cash
703
805
377
579

Estimated living cost  is £313 per week

£201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£27
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sofia , Bulgaria
£1606
£1602
£1516
£1553
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
unemployment
-
-
-
1
health
-
-
-
34
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
44
income
-
-
-
308
total
-
-
-
387
Employee
195
-
1 991
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
health
9
-
14
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

17
-
26
-
income
20
-
199
-
total
48
-
242
-
Employer
195
-
1 991
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
unemployment
1
-
2
-
health
13
-
21
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

22
-
33
-
total
38
-
59
-
Corporate
1 816
2 050
-
-
income
182
205
-
-
total
182
205
-
-
Dividends
1 635
1 845
-
-
withholding
82
92
-
-
total
82
92
-
-
Income
2 050
2 050
2 050
2 050
Total tax
350
297
301
387
After tax
1 700
1 753
1 749
1 663
Living cost
147
147
147
147
Free-cash
1 553
1 606
1 602
1 516

Estimated living cost  is £147 per week

£98
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£8
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£38
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
£1641
£1637
£1551
£1601
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
unemployment
-
-
-
1
health
-
-
-
34
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
44
income
-
-
-
308
total
-
-
-
387
Employee
149
-
1 991
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
health
7
-
14
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

13
-
26
-
income
15
-
199
-
total
37
-
242
-
Employer
149
-
1 991
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
unemployment
1
-
2
-
health
10
-
21
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

16
-
33
-
total
29
-
59
-
Corporate
1 872
2 050
-
-
income
187
205
-
-
total
187
205
-
-
Dividends
1 685
1 845
-
-
withholding
84
92
-
-
total
84
92
-
-
Income
2 050
2 050
2 050
2 050
Total tax
337
297
301
387
After tax
1 713
1 753
1 749
1 663
Living cost
112
112
112
112
Free-cash
1 601
1 641
1 637
1 551

Estimated living cost  is £112 per week

£66
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£8
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£36
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Larnaca , Cyprus
£1295
£1158
£1175
£1247
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
social contributions
-
-
-
139
health
-
-
-
52
income
-
-
-
485
total
-
-
-
676
Employee
660
660
1 940
-
health
5
11
33
-
social contributions
25
55
74
-
income
72
61
476
-
total
102
127
583
-
Employer
660
660
1 940
-
social contributions
25
55
74
-
health
6
12
36
-
total
31
67
110
-
Corporate
1 719
1 323
-
-
income
215
165
-
-
total
215
165
-
-
Dividends
1 504
1 158
-
-
withholding
256
197
-
-
total
256
197
-
-
Income
2 050
2 050
2 050
2 050
Total tax
604
556
693
676
After tax
1 446
1 494
1 357
1 374
Living cost
199
199
199
199
Free-cash
1 247
1 295
1 158
1 175

Estimated living cost  is £199 per week

£119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£19
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£56
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
£1216
£1079
£1096
£1180
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
social contributions
-
-
-
139
health
-
-
-
52
income
-
-
-
485
total
-
-
-
676
Employee
660
660
1 940
-
health
7
11
33
-
social contributions
32
55
74
-
income
69
61
476
-
total
108
127
583
-
Employer
660
660
1 940
-
social contributions
32
55
74
-
health
7
12
36
-
total
39
67
110
-
Corporate
1 625
1 323
-
-
income
203
165
-
-
total
203
165
-
-
Dividends
1 422
1 158
-
-
withholding
242
197
-
-
total
242
197
-
-
Income
2 050
2 050
2 050
2 050
Total tax
592
556
693
676
After tax
1 458
1 494
1 357
1 374
Living cost
278
278
278
278
Free-cash
1 180
1 216
1 079
1 096

Estimated living cost  is £278 per week

£190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£22
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£62
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Brno , Czech Republic
£1210
£931
£1025
£1137
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
social contributions
-
-
-
290
health
-
-
-
277
solidarity contribution
-
-
-
34
income
-
-
-
222
total
-
-
-
823
Employee
297
-
1 653
-
health
40
-
223
-
social contributions
19
-
65
-
solidarity contribution
-
-
26
-
income
36
-
205
-
total
95
-
519
-
Employer
297
-
1 653
-
social contributions
74
-
249
-
health
27
-
149
-
total
101
-
398
-
Corporate
1 652
2 050
-
-
income
314
389
-
-
total
314
389
-
-
Dividends
1 338
1 661
-
-
withholding
201
249
-
-
total
201
249
-
-
Income
2 050
2 050
2 050
2 050
Total tax
711
638
917
823
After tax
1 339
1 412
1 133
1 227
Living cost
202
202
202
202
Free-cash
1 137
1 210
931
1 025

Estimated living cost  is £202 per week

£140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£14
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£43
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
£1163
£884
£978
£1074
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
social contributions
-
-
-
290
health
-
-
-
277
solidarity contribution
-
-
-
34
income
-
-
-
222
total
-
-
-
823
Employee
366
-
1 653
-
health
49
-
223
-
social contributions
24
-
65
-
solidarity contribution
-
-
26
-
income
44
-
205
-
total
117
-
519
-
Employer
366
-
1 653
-
social contributions
91
-
249
-
health
33
-
149
-
total
124
-
398
-
Corporate
1 560
2 050
-
-
income
296
389
-
-
total
296
389
-
-
Dividends
1 264
1 661
-
-
withholding
190
249
-
-
total
190
249
-
-
Income
2 050
2 050
2 050
2 050
Total tax
727
638
917
823
After tax
1 323
1 412
1 133
1 227
Living cost
249
249
249
249
Free-cash
1 074
1 163
884
978

Estimated living cost  is £249 per week

£185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£14
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£46
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Copenhagen , Denmark
£176
£176
£765
£97
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
labour market
-
-
-
163
municipal
-
-
-
443
pensions
-
-
-
7
national
-
-
-
258
total
-
-
-
871
Employee
1 748
1 748
1 748
-
municipal
372
372
372
-
pensions
2
2
2
-
national
214
214
214
-
labour market
140
140
140
-
total
728
728
728
-
Employer
1 748
1 748
1 748
-
labour market
140
140
140
-
national
214
214
214
-
municipal
373
373
373
-
pensions
5
5
5
-
total
732
732
732
-
Corporate
176
-
-
-
income
39
-
-
-
total
39
-
-
-
Dividends
137
-
-
-
withholding
40
-
-
-
total
40
-
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 539
1 460
1 460
871
After tax
511
590
590
1 179
Living cost
414
414
414
414
Free-cash
97
176
176
765

Estimated living cost  is £414 per week

£283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£37
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tallinn , Estonia
£1433
£975
£892
£1379
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
health
-
-
-
266
pensions
-
-
-
410
income
-
-
-
275
total
-
-
-
951
Employee
243
-
1 532
-
pensions
5
-
31
-
unemployment
4
-
25
-
income
27
-
295
-
total
36
-
351
-
Employer
243
-
1 532
-
pensions
49
-
306
-
unemployment
2
-
12
-
health
32
-
199
-
total
83
-
517
-
Corporate
1 724
2 050
-
-
income
345
410
-
-
total
345
410
-
-
Dividends
1 380
1 640
-
-
total
-
-
-
-
Income
2 050
2 050
2 050
2 050
Total tax
464
410
868
951
After tax
1 586
1 640
1 182
1 099
Living cost
207
207
207
207
Free-cash
1 379
1 433
975
892

Estimated living cost  is £207 per week

£142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£49
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Helsinki , Finland
£922
£680
£915
£951
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
2 050
health
-
-
-
28
municipal
-
-
-
364
national
-
-
-
414
total
-
-
-
806
Employee
451
-
1 725
-
health
3
-
23
-
municipal
74
-
281
-
pensions
30
-
116
-
national
7
-
270
-
unemployment
7
-
26
-
total
121
-
716
-
Employer
451
-
1 725
-
accident
-
-
2
-
unemployment
3
-
11
-
health
3
-
13
-
pensions
78
-
299
-
total
84
-
325
-
Corporate
1 514
2 050
-
-
income
303
410
-
-
total
303
410
-
-
Dividends

Finish residents use 75% of income from dividends as a base for income tax.

908
1 230
-
-
municipal
163
221
-
-
national
99
168
-
-
total
262
389
-
-
Income
2 050
2 050
2 050
2 050
Total tax
770
799
1 041
806
After tax
1 280
1 251
1 009
1 244
Living cost
329
329
329
329
Free-cash
951
922
680
915

Estimated living cost  is £329 per week

£215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£77
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Marseille , France
£769
£780
£847
£817
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
social contributions
-
-
-
58
health
-
-
-
104
pensions
-
-
-
314
other
-
-
-
64
income
-
-
-
399
surtax
-
-
-
-
total
-
-
-
939
Employee
328
-
1 558
-
income
17
-
350
-
social contributions
9
-
44
-
pensions
37
-
120
-
surtax
-
-
-
-
total
63
-
514
-
Employer
328
-
1 558
-
pensions
54
-
200
-
social contributions
1
-
5
-
unemployment
13
-
63
-
health
23
-
158
-
other
11
-
66
-
total
102
-
492
-
Corporate
1 620
2 050
-
-
surtax
-
-
-
-
income
454
574
-
-
total
454
574
-
-
Dividends
1 166
1 476
-
-
surtax
-
-
-
-
withholding
149
189
-
-
social contributions
201
254
-
-
total
350
443
-
-
Income
2 050
2 050
2 050
2 050
Total tax
969
1 017
1 006
939
After tax
1 081
1 033
1 044
1 111
Living cost
264
264
264
264
Free-cash
817
769
780
847

Estimated living cost  is £264 per week

£153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£27
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£79
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
£740
£751
£818
£790
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
social contributions
-
-
-
58
health
-
-
-
104
pensions
-
-
-
314
other
-
-
-
64
income
-
-
-
399
surtax
-
-
-
-
total
-
-
-
939
Employee
367
-
1 558
-
income
22
-
350
-
social contributions
10
-
44
-
pensions
42
-
120
-
surtax
-
-
-
-
total
74
-
514
-
Employer
367
-
1 558
-
pensions
60
-
200
-
social contributions
1
-
5
-
unemployment
15
-
63
-
health
26
-
158
-
other
13
-
66
-
total
115
-
492
-
Corporate
1 568
2 050
-
-
surtax
-
-
-
-
income
439
574
-
-
total
439
574
-
-
Dividends
1 129
1 476
-
-
surtax
-
-
-
-
withholding
145
189
-
-
social contributions
194
254
-
-
total
339
443
-
-
Income
2 050
2 050
2 050
2 050
Total tax
967
1 017
1 006
939
After tax
1 083
1 033
1 044
1 111
Living cost
293
293
293
293
Free-cash
790
740
751
818

Estimated living cost  is £293 per week

£185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Paris , France
£619
£630
£697
£676
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
social contributions
-
-
-
58
health
-
-
-
104
pensions
-
-
-
314
other
-
-
-
64
income
-
-
-
399
surtax
-
-
-
-
total
-
-
-
939
Employee
537
-
1 558
-
income
47
-
350
-
social contributions
15
-
44
-
pensions
61
-
120
-
surtax
-
-
-
-
total
123
-
514
-
Employer
537
-
1 558
-
pensions
88
-
200
-
social contributions
2
-
5
-
unemployment
22
-
63
-
health
38
-
158
-
other
19
-
66
-
total
169
-
492
-
Corporate
1 345
2 050
-
-
surtax
-
-
-
-
income
377
574
-
-
total
377
574
-
-
Dividends
968
1 476
-
-
surtax
-
-
-
-
withholding
124
189
-
-
social contributions
167
254
-
-
total
291
443
-
-
Income
2 050
2 050
2 050
2 050
Total tax
960
1 017
1 006
939
After tax
1 090
1 033
1 044
1 111
Living cost
414
414
414
414
Free-cash
676
619
630
697

Estimated living cost  is £414 per week

£280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£94
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
£1886
£1579
£1969
£1875
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
2 050
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
20
total
-
-
-
20
Employee
76
-
2 050
-
income
15
-
410
-
total
15
-
410
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

1 974
2 050
-
-
total
-
-
-
-
Dividends
1 974
2 050
-
-
withholding
99
103
-
-
total
99
103
-
-
Income
2 050
2 050
2 050
2 050
Total tax
114
103
410
20
After tax
1 936
1 947
1 640
2 030
Living cost
61
61
61
61
Free-cash
1 875
1 886
1 579
1 969

Estimated living cost  is £61 per week

£38
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£5
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£16
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Tbilisi , Georgia
£1853
£1546
£1936
£1835
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
2 050
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
20
total
-
-
-
20
Employee
118
-
2 050
-
income
24
-
410
-
total
24
-
410
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

1 932
2 050
-
-
total
-
-
-
-
Dividends
1 932
2 050
-
-
withholding
97
103
-
-
total
97
103
-
-
Income
2 050
2 050
2 050
2 050
Total tax
121
103
410
20
After tax
1 929
1 947
1 640
2 030
Living cost
94
94
94
94
Free-cash
1 835
1 853
1 546
1 936

Estimated living cost  is £94 per week

£64
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£4
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£23
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Berlin , Germany
£724
£929
£692
£836
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
2 050
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
59
trade
-
-
-
237
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
693
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
38
total
-
-
-
1 027
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

427
-
2 050
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

59
-
59
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

2
-
38
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

35
-
693
-
total
96
-
790
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 623
2 050
-
-
trade
233
294
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

13
17
-
-
chamber of commerce
4
4
-
-
income
243
307
-
-
total
493
622
-
-
Dividends
1 130
1 427
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

15
19
-
-
withholding
279
354
-
-
total
294
373
-
-
Income
2 050
2 050
2 050
2 050
Total tax
883
995
790
1 027
After tax
1 167
1 055
1 260
1 023
Living cost
331
331
331
331
Free-cash
836
724
929
692

Estimated living cost  is £331 per week

£228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£62
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Dresden , Germany
£774
£1000
£740
£868
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
2 050
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
59
trade
-
-
-
260
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
693
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
38
total
-
-
-
1 050
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

328
-
2 050
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

59
-
59
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1
-
38
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

9
-
693
-
total
69
-
790
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 722
2 050
-
-
trade
271
323
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

14
17
-
-
chamber of commerce
4
4
-
-
income
258
307
-
-
total
547
651
-
-
Dividends
1 174
1 398
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

16
19
-
-
withholding
290
346
-
-
total
306
365
-
-
Income
2 050
2 050
2 050
2 050
Total tax
922
1 016
790
1 050
After tax
1 128
1 034
1 260
1 000
Living cost
260
260
260
260
Free-cash
868
774
1 000
740

Estimated living cost  is £260 per week

£163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£30
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£61
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Hamburg , Germany
£686
£923
£651
£806
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
2 050
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
59
trade
-
-
-
272
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
693
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
38
total
-
-
-
1 062
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

435
-
2 050
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

59
-
59
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

2
-
38
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

37
-
693
-
total
98
-
790
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 615
2 050
-
-
trade
266
337
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

13
17
-
-
chamber of commerce
4
4
-
-
income
242
307
-
-
total
525
665
-
-
Dividends
1 090
1 384
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

15
19
-
-
withholding
269
343
-
-
total
284
362
-
-
Income
2 050
2 050
2 050
2 050
Total tax
907
1 027
790
1 062
After tax
1 143
1 023
1 260
988
Living cost
337
337
337
337
Free-cash
806
686
923
651

Estimated living cost  is £337 per week

£225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£71
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Munich , Germany
£619
£867
£584
£758
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
2 050
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
59
trade
-
-
-
283
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
693
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
38
total
-
-
-
1 073
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

515
-
2 050
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

59
-
59
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

3
-
38
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

61
-
693
-
total
123
-
790
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 535
2 050
-
-
trade
263
352
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

13
17
-
-
chamber of commerce
3
4
-
-
income
230
307
-
-
total
509
680
-
-
Dividends
1 025
1 370
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

14
19
-
-
withholding
253
339
-
-
total
267
358
-
-
Income
2 050
2 050
2 050
2 050
Total tax
899
1 038
790
1 073
After tax
1 151
1 012
1 260
977
Living cost
393
393
393
393
Free-cash
758
619
867
584

Estimated living cost  is £393 per week

£287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£31
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£69
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Athens , Greece
£1096
£718
£770
£1071
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
unemployment
-
-
-
2
health
-
-
-
81
pensions
-
-
-
229
other
-
-
-
-
income
-
-
-
662
surtax
-
-
-
113
total
-
-
-
1 087
Employee
289
-
1 809
-
health
7
-
29
-
pensions
19
-
76
-
surtax
1
-
103
-
other
-
-
-
-
unemployment
20
-
80
-
income
48
-
610
-
total
95
-
898
-
Employer
289
-
1 809
-
pensions
38
-
153
-
unemployment
9
-
36
-
health
13
-
52
-
other
-
-
-
-
total
60
-
241
-
Corporate
1 700
2 050
-
-
income
442
533
-
-
total
442
533
-
-
Dividends
1 258
1 517
-
-
withholding
189
228
-
-
total
189
228
-
-
Income
2 050
2 050
2 050
2 050
Total tax
786
761
1 139
1 087
After tax
1 264
1 289
911
963
Living cost
193
193
193
193
Free-cash
1 071
1 096
718
770

Estimated living cost  is £193 per week

£116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£55
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Thessaloniki , Greece
£1100
£722
£774
£1073
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
unemployment
-
-
-
2
health
-
-
-
81
pensions
-
-
-
229
other
-
-
-
-
income
-
-
-
662
surtax
-
-
-
113
total
-
-
-
1 087
Employee
284
-
1 809
-
health
7
-
29
-
pensions
19
-
76
-
surtax
1
-
103
-
other
-
-
-
-
unemployment
20
-
80
-
income
48
-
610
-
total
95
-
898
-
Employer
284
-
1 809
-
pensions
38
-
153
-
unemployment
9
-
36
-
health
13
-
52
-
other
-
-
-
-
total
60
-
241
-
Corporate
1 707
2 050
-
-
income
444
533
-
-
total
444
533
-
-
Dividends
1 263
1 517
-
-
withholding
189
228
-
-
total
189
228
-
-
Income
2 050
2 050
2 050
2 050
Total tax
788
761
1 139
1 087
After tax
1 262
1 289
911
963
Living cost
189
189
189
189
Free-cash
1 073
1 100
722
774

Estimated living cost  is £189 per week

£116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£52
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Budapest , Hungary
£983
£1019
£1251
£987
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
unemployment
-
-
-
31
health
-
-
-
144
pensions
-
-
-
205
income
-
-
-
251
total
-
-
-
631
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

243
97
1 715
-
health
17
7
120
-
pensions
24
10
172
-
unemployment
4
1
26
-
income
30
12
210
-
total
75
30
528
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

243
97
1 715
-
pensions
47
19
335
-
total
47
19
335
-
Corporate
1 760
1 934
-
-
income
158
174
-
-
total
158
174
-
-
Dividends
1 601
1 760
-
-
withholding
304
334
-
-
social contributions
311
342
-
-
total
615
676
-
-
Income
2 050
2 050
2 050
2 050
Total tax
895
899
863
631
After tax
1 155
1 151
1 187
1 419
Living cost
168
168
168
168
Free-cash
987
983
1 019
1 251

Estimated living cost  is £168 per week

£115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£14
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£36
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Reykjavik , Iceland
£846
£737
£726
£839
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
social contributions
-
-
-
22
municipal
-
-
-
228
pensions
-
-
-
246
national
-
-
-
395
total
-
-
-
891
Employee
671
-
1 772
-
municipal
83
-
236
-
pensions
27
-
71
-
national
128
-
412
-
total
238
-
719
-
Employer
671
-
1 772
-
social contributions
7
-
19
-
pensions
54
-
142
-
total
61
-
161
-
Corporate
1 274
2 050
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

255
410
-
-
total
255
410
-
-
Dividends
1 019
1 640
-
-
withholding
224
361
-
-
total
224
361
-
-
Income
2 050
2 050
2 050
2 050
Total tax
778
771
880
891
After tax
1 272
1 279
1 170
1 159
Living cost
433
433
433
433
Free-cash
839
846
737
726

Estimated living cost  is £433 per week

£294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£40
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£92
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
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Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Dublin , Ireland
£946
£528
£528
£965
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
social contributions
-
-
-
355
income
-
-
-
678
total
-
-
-
1 033
Employee
671
-
2 050
-
social contributions
56
-
355
-
income
127
-
678
-
total
183
-
1 033
-
Employer
671
-
2 050
-
total
-
-
-
-
Corporate
1 379
2 050
-
-
income
172
256
-
-
total
172
256
-
-
Dividends
1 207
1 794
-
-
withholding
241
359
-
-
total
241
359
-
-
Income
2 050
2 050
2 050
2 050
Total tax
596
615
1 033
1 033
After tax
1 454
1 435
1 017
1 017
Living cost
489
489
489
489
Free-cash
965
946
528
528

Estimated living cost  is £489 per week

£372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£40
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£72
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Milan , Italy
£732
£561
£634
£688
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
regional
-
-
-
26
social contributions
-
-
-
429
municipal
-
-
-
13
national
-
-
-
586
total
-
-
-
1 054
Employee
762
-
2 050
-
regional
7
-
24
-
municipal
4
-
12
-
social contributions
257
-
563
-
national
132
-
528
-
total
400
-
1 127
-
Employer
762
-
2 050
-
total
-
-
-
-
Corporate
1 288
2 050
-
-
nationa
309
492
-
-
municipal
50
80
-
-
total
359
572
-
-
Dividends
928
1 478
-
-
withholding
241
384
-
-
total
241
384
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 000
956
1 127
1 054
After tax
1 050
1 094
923
996
Living cost
362
362
362
362
Free-cash
688
732
561
634

Estimated living cost  is £362 per week

£252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£80
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Naples , Italy
£846
£686
£758
£828
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
regional
-
-
-
33
social contributions
-
-
-
429
municipal
-
-
-
13
national
-
-
-
586
total
-
-
-
1 061
Employee
476
-
2 050
-
regional
6
-
30
-
municipal
3
-
12
-
social contributions
160
-
563
-
national
75
-
528
-
total
244
-
1 133
-
Employer
476
-
2 050
-
total
-
-
-
-
Corporate
1 574
2 050
-
-
nationa
378
492
-
-
municipal
78
102
-
-
total
456
594
-
-
Dividends
1 118
1 456
-
-
withholding
291
379
-
-
total
291
379
-
-
Income
2 050
2 050
2 050
2 050
Total tax
991
973
1 133
1 061
After tax
1 059
1 077
917
989
Living cost
231
231
231
231
Free-cash
828
846
686
758

Estimated living cost  is £231 per week

£144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£60
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details